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£150,000
Modern Three Bedroom Apartment with Private Balcony set in a Great Location.
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £500,000
Share Value (30%): £150,000
Monthly Rent: £992.52
Service Charge: £303.25
Annual Ground Rent n/a
Council Tax Band: E
99 year lease commenced January 2013 - 85 years remaining
EWS1 - EWS1 Certification is available for this property - (B2) leaseholders are not responsible to any remedial works that may need to be completed and a Letter of Assurance is in place.
** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**
This apartment is modern throughout and is set in a great location. A large three-bedroom apartment set within the So Stepney development. The property offers a spacious open-plan living area with a private balcony which is great for relaxing or entertaining. The apartment is full of natural light. The kitchen is contemporary with fully integrated appliances. Distinct areas for living and dining, south facing balcony overlooking a communal garden. The apartment comprises three good size bedrooms, one with built-in storage. The entrance hall provides generous storage.
Ideally located for easy transport throughout the city and beyond, with easy access to Mile End, Stepney Green, and Limehouse stations. The apartment is located just a few minutes walk from Mile End Park, Stepney City farm and Regents Canal. Good access to local shops and Westfield Stratford shopping centre.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £73,065. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of January 2026.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable.